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Jets Top $1 Billion in Value


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Jets top the $1 billion mark in value

July, 22, 2010 Jul 22

11:44

AM ET

By Rich Cimini

New York Jets owner Woody Johnson has almost doubled his investment in 10 years. In 2000, he purchased the team for $635 million. Now, according to Forbes.com, it's valued at $1.17 billion. That puts the Jets ninth on the magazine's new list of the world's most valuable sports franchises. Their annual revenue is $227 million.

Here's the Forbes Top 10:

1) Manchester United (EPL) $1.83 billion

2) Dallas Cowboys (NFL) $1.65 billion

3) New York Yankees (MLB) $1.6 billion

4) Washington Redskins (NFL) $1.55 billion

5) New England Patriots (NFL) $1.36 billion

6) Real Madrid (La Liga) $1.32 billion

7) New York Giants (NFL) $1.18 billion

8) Arsenal (EPL) $1.18 billion

9) New York Jets (NFL) $1.17 billion

10) Houston Texans (NFL) $1.15 billion

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Silly article.

Sillier responses.

Woody PAYS 650 million, and then the value of the organization increases (as he pays for a new training facility, and half of the new stadium (800 million plus), and looks to get paid back in PSLs).

The fact that the paper value of the team is over billion is only helpful to pay player salaries if you think he's selling part of the team for cash.

Unless Revis is going to take a 1% share of the team every year instead of that salary, the two are completely unrelated.

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Silly article.

Sillier responses.

Woody PAYS 650 million, and then the value of the organization increases (as he pays for a new training facility, and half of the new stadium (800 million plus), and looks to get paid back in PSLs).

The fact that the paper value of the team is over billion is only helpful to pay player salaries if you think he's selling part of the team for cash.

Unless Revis is going to take a 1% share of the team every year instead of that salary, the two are completely unrelated.

inside jokes mostly

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Manchester Utd are worth that much? with those alleged debts?

Irish Jet?

And Arsenal???? when was the last time they won anything that didn`t make you laugh? are these figures including money owed to various people?

man u tours the world and gets paid for that... both man u and arsenal have global markets... they sell arsenal jerseys in Kinshasa not just london.

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